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Coresight Research projects a positive USA Retail Holiday Season. Holiday shopping becoming less important to retailers.
At heart of Ikea's success is value. In fact, price is so important to Ikea's strategy that company first decides on price of a piece of furniture & then reverse engineers construction. - CNBC Make It
Malls as we know them are going out of style - but that doesn't mean they're dying. Instead, they're using AI, curated experiences, and more to evolve and fit into the world of tomorrow.
Synchrony’s latest consumer research tracks adoption and interest in new and emerging retail technology. Results for Personalization, Augmented Reality, Bio-Authentication and Simplification.
New research from a survey of 4,300 Chinese consumers suggests a path forward for brands and marketers seeking the next wave of growth. - From McKinsey & Company
With Facial Recognition, Smart Shelf signals, Personalized Promotions, Package & Bio-metric scanning, in-store & shopping experience as a whole is revolutionized for customers as well as retailers.
More than 90% of members who try Scan & Go use it again on their next trip, and regular use is up 40% this year. That’s because it makes shopping easier and members like that. - From Sam's Club
Will Amazon conquer the world? From banking to data, food delivery to healthcare, the FT's Lex looks at which sectors should fear the tech giant the most. From Financial Times
Latest technology and what it means for the 60 million people who work in the garment industry. - From Wall Street Journal
Browse and buy – in another dimension – at the mixed-reality shopping booth at Taobao Maker Festival 2019.
Evolutionary AI models a business and tests strategies to anticipate the likelihood of success.
Aisle411, leading indoor mapping app, announces Tango that allows retail shoppers to search & navigate to product locations while getting rewarded in retail environments in a revolutionary new way.
Walmart Bossa Nova Robotics autonomous mobile robots (AMRs) used for real-time, on-shelf product data. Video Courtesy of Walmart Media. Video has no sound.
Chief Artistic Officer Reed Krakoff explains how Tiffany's is getting creative with new designs, cafes, pop-ups, riskier advertising, celebrities and more.
The seventh annual Gartner L2 Digital IQ Index: Department Stores benchmarks the digital competence of 61 department store brands operating globally.
In the video above we take a look at how Amazon stays on top of delivering billions of packages a year with the help of robots.
Shopping might be defined as a purely visual phenomenon. We see, we like, we buy. But with new technology from Alibaba, it's become one of touch and even smell, too.
With over 5,000 stores in the U.S. and enough revenue to rival smaller countries, Walmart has established itself as a staple of American culture.
Derek Belch, STRIVR founder and CEO, joins CNBC's "Squawk Alley" to discuss how his company is partnering up with Walmart to utilize virtual reality to train and promote its 1.5 million employees.
It’s never only one new thing or concept that keeps a company relevant. Instead, it’s actively listening to your customers & providing them with what they need. From TrendforceOne & DIY Next
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There will be an Answer - Let it Be
Continuing our journey to learning something new, our next stop is the Rock N Roll Hall of Fame in Cleveland Ohio. This city was named after Moses Cleaveland, a surveyor from Connecticut who founded Cleveland in 1796 while surveying the Western Reserve.
Cleveland would go on to have the first electrified public square in 1879 (thanks to Charles Brush and his arc lamp), and become home to General Electric in 1892. It is also the city with the first indoor mall opening in the country in 1890.
Standing over Public Square is the Terminal Tower which when it opened in 1928, was the second tallest building in the United States. And if you needed some super inspiration, remember that Cleveland is where Superman was created by Jerry Siegel and Joe Shuster in the early 1930s.
Today, Cleveland is the home of the Rock & Roll Hall of Fame. The city’s own radio disc jockey Alan Freed both coined the term "rock and roll" and heavily promoted the new genre—and that Cleveland was the location of Freed's Moondog Coronation Ball, often credited as the first major rock and roll concert.
This photo is from the Rock & Roll of Fame featuring one of my favorite songs from the Beatles. “And when the night is cloudy there is still a light that shines on me. Shine until tomorrow, let it be.”
Retailers' Blind Spot for Holiday 2024
When asked about their top holiday concerns for 2024, retailers revealed a continued reliance on historical data for critical decisions, rather than leveraging current consumer feedback. Key uncertainties revolve around promotional strategies, understanding item volume drivers, and the potential impact of inflation. The outcome of the holiday season remains unpredictable, even from these insider’s perspectives. - From First Insights Read more
The Future of Retail in Asia-Pacific: From Turbulence to Resurgence
Why EV Leases Are So Cheap Right Now In The U.S. -CNBC
Automakers are offering steep discounts on electric vehicles, and especially on leases. In the first three months of 2024, less than a quarter of car buyers leased vehicles, but more than a third of EV buyers did. Read more
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